LAUREATE EDUCATION, INC. — Director's Dealing 2021

May 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LAUREATE EDUCATION, INC. (LAUR)
CIK: 0000912766
Period of Report: 2021-05-26

Reporting Person: Cohen Andrew B (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-26	Class A Common Stock	A	7802	—	Acquired	21422	Direct

Footnotes

F1: On May 26, 2021, Laureate Education, Inc. (the "Issuer") granted to the Reporting Person an aggregate of 7,802 shares of Class A Common Stock, consisting of 1,952 shares of Class A Common Stock and 5,850 restricted stock units ("RSUs"), as part of the Issuer's 2021 annual retainer for non-employee director service in connection with the Reporting Person's service as a member of the Issuer's Board of Directors.

F2: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs will vest ratably in three installments at the end of each of the remaining calendar quarters of 2021, provided that Mr. Cohen continues to serve as a Director of the Issuer's Board.

F3: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.